- Located along the Main Town Square of Town Square
- The buildings launched overlooking the main town square will always be the most highly sought after locations within the community.
- Consists of mainly 1, 2 and 3 bedroom units of various sizes.
Launch Report & Feasibility
- If you are looking to invest in apartments in Town Square, we highly recommend looking at either the Jenna or Warda developments.
- These are located right on the main Town Square of the community - i.e. overlooking the main parks, retail area, recreation area etc. These two buildings also have larger unit sizes available which are actually offering very good value for money for the sizes on offer.
- Buildings located along this strip (and there won't be that many) will always have the highest capital values and demand over the long run.
- This will also be a unique residential experience; a lively district in a suburban development of Dubai.
- 1 Bedrooms from AED 920,000 - 970,000
- 2 Bedrooms between AED 1,050,000 - 1,400,000
- 3 Bedrooms between AED 1,550,000 - 2,000,000 (unit sizes of 1700 - 2700 sq. ft.)
- Launch prices from AED 775 - 900 per sq. ft.
Update (June 2020)
The building is now ready and handovers are currently taking place. Limited inventory left direct from the developer and 2 & 3 bedroom from NSHAMA are on offer on the 10-90 payment plan, where buyer needs to pay 10% to receive the keys. The balance 90% is payable over 5 years. The expected ROI is around 7.5 %. These are ready apartments in a fully integrated community on Al Quadra Road, with plenty of green space, parks, and amenities for children and families to enjoy. The community is around 25 min. from Downtown Dubai, 35 min. from the Dubai International Airport, and 30 min. from the Al Maktoum International airport and the EXPO site.
Old Payment Plan
10% in November 2016
5% in February 2017
5% in May 2017
10% in Aug 2017
5% in Nov 2017
5% in Feb 2018
50% in Dec 2018
Ramadan 2017 Payment Plan:
- 10% Down Payment
- 10% December 2017
- 80% Upon Handover
Dubai Land Classification & Escrow Account Details:
Land Number: 210
Project Number: 1677
Real Estate Developer: NSHMI DEVELOPMENT L.L.C,
Trust Account Number: 00110717970015
Account Trustee Name: NOOR BANK P.J.S.C